Bridgewater Bands With Focus To Attract Breakaway Advisors

In an effort to add assets – and potentially to attract teams of advisors that are leaving large wirehouses – Bridgewater Wealth & Financial Management LLP has joined Focus Financial Partners LLC, a New York-based partnership of independent wealth management companies.

Ron Rubin, a founder and principal at Bridgewater, said in an interview Tuesday that by partnering with Focus, the Bethesda, Md., based wealth manager will be able to offer additional services to its existing array of customers. He said this broader cadre of services also makes Bridgewater more attractive to advisors that are considering making the leap from a wirehouse to an independent firm.